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We tend to pay attention to the present at the expense of the future. Our present self will eat an extra piece of cake, or skip a training session, or procrastinate and leave our future self to deal with the consequences. This is known as temporal discounting.
While in-the-moment decisions don't feel like a big deal, they add up over time.
We all like to feel good about ourselves in the moment, even if it interferes with our long-term goals.
But instead of letting our present self make the decision, we need to bring our future self into the decision-making process to help us think about the future consequences.
Emotions can be used in two ways: To understand the way we feel, and to use it proactively to influence our future behaviour.
Regret happens after an event. We can't change the past, but we can harness regret to improve our future by visualising how our future self will feel about the decision we make now. If you think that your future self will feel fine about the decision, then it is a perfectly valid conclusion.
We don't always have the mental energy to visualize the potential feelings of our future self. In these moments, we can use the 10-10-10 approach.
Ask yourself three questions to help you project yourself in the future:
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It’s your ability to resolve conflicts between your short-term desires and your long-term goals.
For example, successful self-control means sacrificing immediate pleasure (cookies a...
People who have high self-control aren’t missing out on enjoyment. Not being able to resist temptation and enjoying life are not the same things.
They tend to eat in a healthily way, exercise more, sleep better, drink less alcohol, smoke fewer cigarettes, achieve higher grades at university, have more peaceful relationships, and are more financially secure.
Research showed that self-control is ultimately limited by our biology. We can’t exercise effortful self-control indefinitely – the brain has to do regular maintenance to remain functional.
... and boils down to what we give up to attain something. Our mindsets are inclined towards pleasure and resistive towards pain. We normally like to think in terms of gai...
Decisions are a cost-benefit analysis of risking something small for the opportunity to gain something big.
Trade-offs are not something as simple as flipping a coin. Our values guide us towards what we want in life, and it is not the same for all. Example: Buying a house has a trade-off of mortgage for the next ten or more years. This is subjective and depends on what we value in life.
Indecisive people suffer because they don’t know their inner values and what they care about.